Asbury Park Press graphic. Permission to use granted 11 years ago
Politico is reporting that Governor Phil Murphy is reaching back to the previous Goldman Sachs Administration in New Jersey by “launching an effort to identify state assets that could be leveraged to reduce New Jersey’s unfunded pension liability.”
Former Governor Corzine couldn’t sell his idea of selling New Jersey’s toll roads to investors (China) for a $30+ billion cash infusion to plug our chronic budget wholes. Will Murphy, who according to Politico is looking to sell more assets than toll roads,“numerous state assets, including property, buildings, roads, transit facilities, easements, air rights, naming rights and infrastructure, such as airports, bridges, water facilities, ports, parks and recreational facilities,” succeed where Corzine failed?
Politico says that Senate President Steve Sweeney supports the concept.
On January 21, 2008, MMM responded to Corzine’s scheme with a song parody crafted by Lori Gallagher, aka Mrs. Musings:
Freeholder Gerry Scharfenberger takes the Oath of Office on Feb 3.
Republican Freeholder Gerry Scharfenberger was fired from his job in the Murphy administration this afternoon. PoliticsDW broke the story.
“I paid the price for not attending the press conference,” Scharfenberger said when reached by MMM. The freeholder was referring to Governor Murphy’s event in Marlboro last week to promote his scheme to convert property taxes into charitable donations as workaround to the new federal tax law which caps the deduction for state and local taxes at $10,000. Murphy claimed bi-partisan support for the scheme, but only five Democrat mayors from Monmouth County showed up to support the governor.
Monmouth County Freeholder Director Tom Arnone speaks passionately against the legalization of recreational marijuana in New Jersey. (Apologies to County Purchasing Director Helen Fiore)
Freehold- The Monmouth County Board of Chosen Freeholders passed a resolution opposing the legalization of recreational marijuana in New Jersey at their regular meeting on Thursday, January 25. Read the rest of this entry »
WASHINGTON — President Donald Trump spoke to incoming Gov. Phil Murphy on Sunday, two days before the Democrat will be sworn in to succeed Chris Christie. Though Murphy has been critical of Trump, the two men agreed to try to work together and both expressed a desire to improve the nation’s public works, White House spokeswoman… Read the rest of this entry »
New Jersey’s incoming governor and first lady will be among the speakers cheering on thousands of marchers expected to attend next week’s Women’s March on New Jersey in Morristown, organizers said. The Jan. 20 march will be one of the first large events for Gov.-elect Phil Murphy after the Democrat takes office Tuesday. Sheila Oliver, the… Read the rest of this entry »
Marlboro Mayor Jonathan Hornik is asking the Township’s Council to support Governor-elect Phil Murphy’s proposal to allow New Jersey residents to make charitable contributions in lieu of property taxes as an end around the tax reform legislation passed by Congress and signed into law by President Trump last year. The new federal tax law limits the deduction for State and Local Taxes (SALT) to $10,000.
Defying historical trends and mainstream media polling, the Republican Party will expand its majority in the both U.S. Senate and the House of Representatives. Congressman Frank Pallone will not become a Committee Chairman.
President Donald Trump’s personal approval ratings will hover between 35-45%. His job approval rating will exceed 50% nationally and in NJ as the economy continues to grow and as threats from ISIS and North Korea are neutralized. Read the rest of this entry »
A small tweak to New Jersey’s pension system made by Gov. Chris Christie’s administration could create a huge headache for incoming Gov.-elect Phil Murphy, who will find state and local governments’ bills for public worker pensions jacked up by hundreds of millions of dollars. The state treasurer cut how much the state should assume it will… Read the rest of this entry »